- Medical - Healthcare Plans
- Healthcare
-
5.33
EPS
-
14.26
P/E
-
40B
MARKET CAP
-
0.00%
DIV YIELD
Company Overview
7700 FORSYTH BLVD.,ST LOUIS MO 63105,3147254477
CEO
Ms. Sarah M. London
Employess
67700
Sector
Healthcare
Industry
Medical - Healthcare Plans
Website
https://www.centene.com
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.
Next Earnings Date
Oct. 22, 2024
Ex Dividends date
--
Dividend Date
--
YTD Performance
-1.08%
Fiscal Year End
12-31
IPO Date
2001-12-13
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 30.36% | 20.70% | 11.49% | 6.54% |
| EPS | 20.66% | 16.56% | 16.17% | 137.80% |
| Equity | 35.55% | 18.81% | 0.09% | 7.41% |
| Cash | 32.41% | 26.34% | 16.76% | 42.40% |
| Return On Capital (ROIC) | 6.46% | 5.05% | 5.20% | 5.03% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 119 | 82 | 267 | 97 | 88 |
| Long Term Debt | 17,700 | 17,900 | 18,600 | 16,700 | 13,600 |
| LT Finance Leases | 1,050 | 3,310 | 3,620 | 1,540 | 622 |
| Shares Outstanding | 543 | 575 | 583 | 571 | 413 |
| Market Cap | 40,300 | 47,200 | 48,000 | 34,300 | 26,000 |
Price
News
8,000 California Youth to Receive Backpacks from Health Net to Support their Education Ahead of the 2024-25 School Year
1 monthPartnerships with local clinics, providers, community-based organizations and others provide students with backpacks, resources and information . SACRAMENTO, Calif.
prnewswire.com
Superior HealthPlan 25th Anniversary Grant Program Now Open
2 monthsEligible Community Organizations and Schools Encouraged to Apply. AUSTIN, Texas , Aug. 1, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), is commemorating 25 years of serving Texans by encouraging eligible community organizations and schools to apply for the Superior HealthPlan Anniversary Grant Program.
prnewswire.com
WellCare of North Carolina and Expressable Expand Advanced Speech Therapy Program Across the State
2 monthsPilot Program Now Fully Launched and Available to Members in all 100 N.C. Counties RALEIGH, N.C.
prnewswire.com
Big Brothers Big Sisters of America Appoints Centene Corporation's Jonathan Dinesman to National Board
2 monthsTAMPA, Fla., July 31, 2024 /PRNewswire/ -- Big Brothers Big Sisters of America (BBBSA), the nation's preeminent one-to-one youth mentoring organization, today announced the election of its newest Board member, Centene Corporation [Centene] (NYSE: CNC) Executive Vice President (EVP) of External Affairs, Jonathan Dinesman.
prnewswire.com
Health Net Providing Special Assistance to Members Affected by the Gold Complex and Park Fires Throughout California
2 monthsHealth Net Assisting Members During State of Emergency SACRAMENTO, Calif. , July 29, 2024 /PRNewswire/ -- In response to Gov.
prnewswire.com
Centene Beats Estimates, Boosts Guidance on Higher Premiums, Memberships
2 monthsCentene (CNC) shares jumped in intraday trading Friday as the managed care provider reported better-than-expected profit and sales and raised its guidance as its premium and services sales and members increased.
investopedia.com
Centene (CNC) Q2 Earnings Miss on Declining Medicaid Membership
2 monthsCentene's (CNC) second-quarter earnings suffer from rising operating expenses and a decline in Medicaid membership levels. Improved Marketplace membership growth partially offset the negatives.
zacks.com
Centene (CNC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 monthsThe headline numbers for Centene (CNC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
Health Insurer Centene's Q2 Premium Revenue Cushions Fall In Medicaid Enrollment, Raises Annual Outlook
2 monthsOn Friday, Centene Corporation CNC reported second-quarter sales of $39.84 billion, up 5.9% year-over-year, beating the consensus of $36.46 billion.
benzinga.com
Centene (CNC) Q2 Earnings Miss Estimates
2 monthsCentene (CNC) came out with quarterly earnings of $2.42 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.10 per share a year ago.
zacks.com
Centene Profits Hit $1.1 Billion As Obamacare Offsets Drop In Medicaid
2 monthsCentene reported second quarter profits of $1.1 billion as Obamacare enrollment and premium revenue helped overcome a big dip in Medicaid enrollment.
forbes.com
Centene beats profit estimates after change in govt risk adjustment
2 monthsCentene Corp beat Wall Street estimates for second-quarter profit on Friday following the company's announcement that it was no longer required to make a $1.3 billion payment related to its government-sponsored Medicaid offerings.
reuters.com